Tag Archives: consumer financial protection bureau

The last housing finance roundup of 2019

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The federal government took a flurry of actions before the end of the year. Read Lew Sichelman’s latest column to catch up with housing finance news you might otherwise have missed. Continue reading →

Equifax will pay up to $700M over data breach that exposed millions

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The payments are a response to the largest-ever data hack of its kind, which was discovered in 2017 and impacted nearly 150 million consumers. Continue reading →

When lenders reject US veterans, who you gonna call?

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NewDay USA has encountered controversy in its time doing business, but some brokers say that it can help veterans with traditionally low credit scores land reasonable loans. Veterans should just make sure that they enter the agreements with their eyes … Continue reading →

Lender slapped with $1.75M fine for bungling demographic data

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Freedom Mortgage reported inaccurate information on race and sex between 2014 and 2017. The firm originated 50,000 mortgages per year during that period. Continue reading →

President Donald Trump holds Realtors in the palm of his hand

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Most were pleased with Trump’s performance and identified with him as a real estate businessman. Continue reading →

Fair lending policy director to be investigated for racial blog posts

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Now that Eric Blankenstein’s old blog post has come to light, the CFBP has asked an independent group to investigate its top enforcement director. Continue reading →

Federal agency launches program to help limited-English speakers

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The FHFA on Monday launched Mortgage Translations, an online resource for mortgage industry professionals who serve limited English proficiency borrowers. Continue reading →